Completed
23Hundred at Ridgeview Apartments
Plano, TX
Overview
Asset class
Private credit
Asset type
Multifamily
Strategy
Fixed income
Funds
Income Real Estate Fund
Update
New acquisition
December 31, 2018
This is our first investment in the Dallas area, one of the fastest-growing job markets in the country, and our eighth investment to date with sponsor American Landmark Apartments.
New acquisition: Apartment renovation in Plano, TX
View update
Asset type
Multifamily
Multifamily (MF) is a residential building designed to house multiple tenants. These properties can range from small to large apartment complexes with hundreds of units. With a boom in remote work and business-friendly local governments courting employers, more affordably-priced suburban apartment communities have generally experienced stable or growing demand. Multifamily’s resilient demand and scale enables us to leverage our integrated operating platform to drive long-term performance.
Our strategy
Fixed income
Provide real estate backed loans or similar financing
- Expected variability of return: Low
- Timing of expected return: Typically begin earning interest immediately
- Primary expected source of returns: Interest income
This section is intended to provide a general overview of the Fixed income strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.